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FINANCIAL NEWS
Tunisia drafts economic bill to spur investment
26 Mar 2017
(MENAFN) Tunisia is issuing an economic emergency bill that will permit the government to bypass bureaucratic hurdles and fasten large-scale projects in order to boost growth and make jobs.
However, administrative delays and bureaucracy are one of the major obstacles for local and global investors in Tunisia, which has struggled economically since its 2011 uprising.
Additionally, by cutting bureaucratic checks, the proposed bill could increase corruption, already a major problem for the country”s economy.
Meanwhile, the government aims to sell a number of firms confiscated from former President Zine El Abidine Ben Ali’s family in telecoms, media and service sectors.
MENAFN2603201700450000ID1095344169
MENAFN2603201700450000ID1095344169
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